Zip 33406 (West Palm Beach, FL) Cost of Living


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West Palm Beach cost of living score
114.1
More expensive
14.1% higher
than the US average
10.7% higher
than the Florida average
West Palm Beach (zip 33406), Florida gets a BestPlaces Cost of Living score of 114.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.1% higher than the U.S. average and 10.7% lower than the average for Florida.

Zip 33406 (West Palm Beach, FL)

Housing costs in West Palm Beach?
A typical home costs $387,700, which is 14.7% more expensive than the national average of $338,100 and 7.0% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in West Palm Beach costs $1,770 per month, which is 13.5% more than the national average of $1,560 and 6.8% cheaper than the state average of $1,890.

Can I afford West Palm Beach?
To live comfortably in West Palm Beach (zip 33406), Florida, a minimum annual income of $74,160 for a family, and $57,600 for a single person is recommended.

What does A.I. say about West Palm Beach?
The cost of living in 33406 West Palm Beach, FL is relatively high compared to the national average. The median home cost in this area is over $300,000. Renting a two-bedroom apartment can be expensive as well, with the average price hovering around $1400. Other essential monthly costs like groceries and utilities are also higher than usual. However, with many attractions such as the beach and nightlife being within close proximity, 33406 West Palm Beach is an attractive option for those who are looking to make it their home.
   Cost of living score
     CategoriesWest Palm BeachFloridaUnited States
  114.1103.1100.0
  105.1102.8100
  101.0102.3100.0
  107.1101.1100.0
  $387,700$362,400$338,100
  98.3%101.3%100.0%
  133.0112.6100.0
  108.487.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime